SFGTV2: San Francisco Government Television
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Nov 20, 2012
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thank you, phil ginsberg and the hatchery for hosting us. i use open data. our company was founded three years ago using open data. we are one of the first sustainable companies to use open data and be sustainable innovation, meaning we can generate revenue and keep mobile applications for government going. we are really excited to be here today. this is our official launch of apple-liscious. i would like to thank our team, kevin, rick robbins, moment of all [speaker not understood] for my cto and co-founder. this was a very long, long journey with the city, but we had the help of leaders like phil, mayor lee, jay driving behind the scenes, the efforts for business to work with government. and i think we've accomplished that with this unique partnership moving forward. we're excited now there's cross-department collaboration with the san francisco arts, with the san francisco public art which has now been thanks to sean working late last night, putting the public arts into golden gate park. this is providing access. it's providing efficiency, and it's provid
thank you, phil ginsberg and the hatchery for hosting us. i use open data. our company was founded three years ago using open data. we are one of the first sustainable companies to use open data and be sustainable innovation, meaning we can generate revenue and keep mobile applications for government going. we are really excited to be here today. this is our official launch of apple-liscious. i would like to thank our team, kevin, rick robbins, moment of all [speaker not understood] for my cto...
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Nov 20, 2012
11/12
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CSPAN2
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let's use another met fore. we used tug boats and busses and roads. i'm thinking of baseball, and you have a picture of a pitcher, bring in a relief pitcher to change momentum, intended to be short term positions. what happens in education after that? what sort of leadership do we need post-change? where are those people now? where are they getting their training and mentoring? i venture to guess none of you knew or could foresee the amount of change facing right now andñr probably didn't train for this. that's the question. where are they going to come from? what sort of leader do we need? >> i think this is not a short term problem. i think we'll now part of much of the rest of the economy and world where change is perpetual, jobs in so many wonderful ways, are hard jobs, need the intellectual and emotional capacity for the struggle and change. >> i think the issue of identifying the next generation of leadership is a huge one, and i do worry about it in public and private institutions as a generality. i think we are over administered and under man
let's use another met fore. we used tug boats and busses and roads. i'm thinking of baseball, and you have a picture of a pitcher, bring in a relief pitcher to change momentum, intended to be short term positions. what happens in education after that? what sort of leadership do we need post-change? where are those people now? where are they getting their training and mentoring? i venture to guess none of you knew or could foresee the amount of change facing right now andñr probably didn't...
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Nov 20, 2012
11/12
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KQED
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debra borchardt with us. now debra, the law will require companies of a certain size to pay if they don't offer their own employees health insurance. how real are the threats of job cuts, though, that we're hearing? >>. >> well, we're hearing lots of companies company out and say that they are laying off workers, that they will be cutting back workers' hours so they won't have to pay them health insurance because of the mandate. but it's interesting that it is coincidentally, of course, right after the election. and then when you start to look at some of the c.e.o.s of these companies also coincidentally they were romney supporters. so you had to start to drill a little bit deeper to find out what was behind all these changes. >> tom: we've got two here where we will set aside politics and look at business fundamentals. beginning with papa johns. pzza, its owner has been a very vocal opponent of health insurance reform. the stock has sold off along with the broad market although it rallied some today saying t
debra borchardt with us. now debra, the law will require companies of a certain size to pay if they don't offer their own employees health insurance. how real are the threats of job cuts, though, that we're hearing? >>. >> well, we're hearing lots of companies company out and say that they are laying off workers, that they will be cutting back workers' hours so they won't have to pay them health insurance because of the mandate. but it's interesting that it is coincidentally, of...
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Nov 20, 2012
11/12
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KTVU
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stay with us for continuing coverage of this strike. we will have more on throughout mornings on two and stay tuned for how the strike could affect your plans. >>> two neighborhoods are a soggy mess, one is in redwood city showing us a few foot sinkhole. >> reporter: there are quite a few people in this neighborhood waking up without running water and the information i just got the homes affected are on york and cutter. that is 11 homes by my count but crews are out here repairing this broken pipe and it is a 6-inch line which burst overnight and that's what created this sinkhole here in the middle of the street. it was rushing down for a food hour and a half and a make it said it was about a foot or so deep. crews came and shut the water but it obviously tossed the pavement to rumble. >> now i got up to go to the bathroom and now there is no water. >> they say it will be a few hours. >> we have some water anyway. >> crews will be out here another couple of hours until the work is complete. they have to take out this segment of the brok
stay with us for continuing coverage of this strike. we will have more on throughout mornings on two and stay tuned for how the strike could affect your plans. >>> two neighborhoods are a soggy mess, one is in redwood city showing us a few foot sinkhole. >> reporter: there are quite a few people in this neighborhood waking up without running water and the information i just got the homes affected are on york and cutter. that is 11 homes by my count but crews are out here...
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Nov 20, 2012
11/12
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FBC
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good to have you with us. i have to say, don't know what your reaction was that as i watched the market take off, i didn't see the strength of the president's words that would warrant such a powerful reaction. >> struck me as a very naive reaction, one that is likely to be reversed as disappointment sets in. if we were to simply go ahead and go off the cliff, we have strong market reaction. the recipe for a recession in my view and one that would not be easily reversed display some people's claims to go backwards somehow. that circumstance of that kind of danger for we have already committed to raising taxes through the health care reform, there is a real premium placed not raising other taxes and getting rid of the mindless cuts across the board, i don't see that falling into place automatically. that is politics over common sense. lou: we're not even hearing discussion of the defense cuts under sequestration. we have heard only some nice but welcomed positive words from the president. are you encouraged the
good to have you with us. i have to say, don't know what your reaction was that as i watched the market take off, i didn't see the strength of the president's words that would warrant such a powerful reaction. >> struck me as a very naive reaction, one that is likely to be reversed as disappointment sets in. if we were to simply go ahead and go off the cliff, we have strong market reaction. the recipe for a recession in my view and one that would not be easily reversed display some...
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Nov 20, 2012
11/12
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KBCW
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the same front will be bringing rainfall to the north and impact us as soon as tomorrow. even up towards the city, giving up six inches of rain over the last couple of days. it'll be wet through tomorrow morning and getting up early, making an escape to grandma's house on wednesday. and that will be depending on where you are and the future cast model, predicting where they will be. an inch of rain up to clear lake. half an inch for them tomorrow morning and redwood city and san jose, not a drop of rain. what to expect? cloudy, dry, most of tomorrow will be wet late in the day through early wednesday. after that we'll just clear out and have beautiful weather. 67 tomorrow. san jose 65. fremont 66. rain by tomorrow evening. vallejo at 65. downtown san francisco, 63 degrees. your extended forecast, the rain clears on out by wednesday afternoon. good driving late in the day. on thursday, sunshine, mid-60s as we're going to stay sunny, dry, mild. approaching 70 for the holiday weekend, dennis? >>> okay, paul. no alex smith, no problem for the 49ers. the question is now, do we
the same front will be bringing rainfall to the north and impact us as soon as tomorrow. even up towards the city, giving up six inches of rain over the last couple of days. it'll be wet through tomorrow morning and getting up early, making an escape to grandma's house on wednesday. and that will be depending on where you are and the future cast model, predicting where they will be. an inch of rain up to clear lake. half an inch for them tomorrow morning and redwood city and san jose, not a...
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Nov 20, 2012
11/12
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FBC
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let us know what you think or follow me on twitter. tensions in the mideast driving mikasa of $90 a barrel to keep you apprised of the latest. the pipeline that will bring gas to their key ally and construction will be finished by the second half of 2013. drivers may get some relief at the pump, the national average has dropped by more than 1/4 at $3.41. aaa estimates millions will hit the road for the weekend. going ahead first to the cliff. we have one of reagan's top economic advisers. with the three things a bombast to do twos save us. >> who killed america's sweetest cowboy? i say it is the union. somebody will disagree. coming up. ♪ lissa:y, w some newsbr melissa: we have breaking news moody's isan downgrading the prance government bond rating grumman aaa. is tive ontain a negative outlook that the long-term economic growth outlook ishings negative prefect did by gradual sustained loss of competitiveness and longstanding rigidity of the market for about their talking about brands. the outlook is uncertain with the deteriorating
let us know what you think or follow me on twitter. tensions in the mideast driving mikasa of $90 a barrel to keep you apprised of the latest. the pipeline that will bring gas to their key ally and construction will be finished by the second half of 2013. drivers may get some relief at the pump, the national average has dropped by more than 1/4 at $3.41. aaa estimates millions will hit the road for the weekend. going ahead first to the cliff. we have one of reagan's top economic advisers. with...
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elysium doesn't sound like likes you what kind of figure would represent flights using that we use the term outflow so that when does outflow turn into flights because it depends on the overall immense you'll intensity. when you have capital flight you don't have kept inflow but it seems to capital flight is a one way streets of course the capital flight is when nobody wants to invest in the country anymore but in our case we have an investment coming to russia of course i may be biased here but this is not just my opinion so you are seeing that as long as this is a two way street it is just capital movements yes it's kept all movement even the fact that people arena best their money after moving them abroad. in a case that our economy attracts them but foreign companies also invest in russia so they did this even during the crisis they built their factories here they show with their money that the russian economy is attractive but of course our potential in russia is much greater than the current level. so it is our job to attract even more capital. city how would you estimate they we
elysium doesn't sound like likes you what kind of figure would represent flights using that we use the term outflow so that when does outflow turn into flights because it depends on the overall immense you'll intensity. when you have capital flight you don't have kept inflow but it seems to capital flight is a one way streets of course the capital flight is when nobody wants to invest in the country anymore but in our case we have an investment coming to russia of course i may be biased here...
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Nov 20, 2012
11/12
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KGO
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stay with us. abc news at 4:00 continues right after this. >> i'm cheryl jennings, coming up at 5:00 terrorists or artists? taking a look at the watch that got a man arrested at oakland international airport. you'll hear from him on why he says looks are deceiving in this case. and golden crimes of opportunity for thieves. the police warning on crooks moving beyond picking >>> no let up in the deadly conflict between israel and hamas. >> the israelies began a campaign on wednesday after months of rocket attacks by hamas into israel. the violence left hundreds dead. abc 7 news mark matthews is live right now where supporters of both sides are demonstrating again, outside of the israeli consulate. mark? >> this rain brought 250 behind me. tonight boy say maybe 50 or 0 tops ear in front of the clonsit calling on rail to end their military strikes in gaza. and again, on the other side of the street we're seeing pro israel democrat strailtors. i'd say maybe two dozen calling on palestinians to stop shoo
stay with us. abc news at 4:00 continues right after this. >> i'm cheryl jennings, coming up at 5:00 terrorists or artists? taking a look at the watch that got a man arrested at oakland international airport. you'll hear from him on why he says looks are deceiving in this case. and golden crimes of opportunity for thieves. the police warning on crooks moving beyond picking >>> no let up in the deadly conflict between israel and hamas. >> the israelies began a campaign on...
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Nov 20, 2012
11/12
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KCSMMHZ
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good to have you with us. here is what we have today. czech republic. why the church is waiting for compensation. france, how a famous culinary delight has caused a big controversy. and poland, why you should never drink and drive very or even cycle. >> when the iron curtain fell, the countries of eastern europe had to redefine the relationship between church and state. under communist rule, there was little tolerance for organized religion in church property and land was expropriated wholesale. today, the czech republic was one of the last former soviet satellites where the church has still not received compensation. >> the father believes in god's grace period during his daily prayers, he also praised for the church in the czech republic. as a good christian, he knows one should never abandon hope for a miracle, but as a priest in the czech republic, he has. >> i believe in miracles. our father in heaven can do anything. when i look at the situation in the czech republic and the government, i don't see much of a chance. there is no miracle in sight. >
good to have you with us. here is what we have today. czech republic. why the church is waiting for compensation. france, how a famous culinary delight has caused a big controversy. and poland, why you should never drink and drive very or even cycle. >> when the iron curtain fell, the countries of eastern europe had to redefine the relationship between church and state. under communist rule, there was little tolerance for organized religion in church property and land was expropriated...
SFGTV2: San Francisco Government Television
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Nov 20, 2012
11/12
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SFGTV2
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who uses drugs needs to have treatment. but having said that, people that we often come in contact with will be people who have a severe drug abuse problem and generally they also have a mental health issue problem, there are often housing problems, employment, many other problems, and that's the population we deal with often. and i think that figuring a way to have an intervention so that services are available for those that need it i think is really important. i don't necessarily agree a felony conviction is the vehicle to do so, but i think we have to make sure that as we lower the sanctions here, that we do have the tools and that we have the ability to distinguish between people that have a drug addiction problem, people that are using drugs recreationally and otherwise are a functional person. >> we're going to be taking audience questions shortly, so if you have a question, just try to get the attention of someone in the aisles. ethan, let me ask you this. you know, in california, there are a number of offenses, dru
who uses drugs needs to have treatment. but having said that, people that we often come in contact with will be people who have a severe drug abuse problem and generally they also have a mental health issue problem, there are often housing problems, employment, many other problems, and that's the population we deal with often. and i think that figuring a way to have an intervention so that services are available for those that need it i think is really important. i don't necessarily agree a...
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Nov 20, 2012
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FOXNEWSW
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use promo code: holidays. order now and get a special holiday gift: a document shredder to keep sensitive documents out of the wrong hands... a $29 value, free! call the number on your screen or go online and let lifelock protect your identity for 60 days risk-free. because during the holidays, keeping your identity protected means keeping your family protected. >> it is now 15 minutes to the top of the hour. let's span the globe to see what stories are making headlines overseas. first to cambodia where the president is wrapping up his four-day trip to southeastern asia. the president is expect to do depart any moment. he attended the meeting with the association of southeast asian nations and met with prime minister. next in australia the man convicted of strapping a fake bomb around the neck of a school girl has learned his fate. paul douglas peters has been sentenced to 13 and a half years behind bars. >> finally over to london england where there a big baby news brewing according to kate middleton's former
use promo code: holidays. order now and get a special holiday gift: a document shredder to keep sensitive documents out of the wrong hands... a $29 value, free! call the number on your screen or go online and let lifelock protect your identity for 60 days risk-free. because during the holidays, keeping your identity protected means keeping your family protected. >> it is now 15 minutes to the top of the hour. let's span the globe to see what stories are making headlines overseas. first to...
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Nov 20, 2012
11/12
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KTVU
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. >>> steve mentioned the winds may be an issue on the bridges and causeway so use care. also this morning we are looking at the commute on 101 that traffic looks good approaching the split, it is 5:00 let's go to the desk. >>> they are dealing with two water-main breaks. we have alex savage there right now, what is going on right now, alex? >> reporter: people in pittsburgh will be waking up without running water and we will show you why, right here. this is that broken water-main and you can see crews are working on it to try and get access and obviously do the repair work necessary to get the water back on. this is the crews in the city of pittsburgh and they are working between york and cutter. this water-main break is running and at this point, both of the streets in this area are dry. we will show what you this looked like when we first got here as crews were pulling water out of the street. the call was about 8:00 this morning and it sent water rushing down the street. we talked with a man who lives a couple of blocks away and he said at the height of this break he
. >>> steve mentioned the winds may be an issue on the bridges and causeway so use care. also this morning we are looking at the commute on 101 that traffic looks good approaching the split, it is 5:00 let's go to the desk. >>> they are dealing with two water-main breaks. we have alex savage there right now, what is going on right now, alex? >> reporter: people in pittsburgh will be waking up without running water and we will show you why, right here. this is that broken...
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Nov 20, 2012
11/12
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FOXNEWSW
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use promo code: holidays. order now and get a special holiday gift: a document shredder to keep sensitive documents out of the wrong hands... a $29 value, free! call the number on your screen or go online and let lifelock protect your identity for 60 days risk-free. because during the holidays, keeping your identity protected means keeping your family protected. >> bill: rolling with can a roll will la segment tonight, even though is he a atheist he has some affection to the legal holiday. christmas display in santa monica has caught carolla's attention. for about 60 years the nativity scene. group of atheists were demanded their own in the park that caused them not to put up anything ho ho ho. what do you think here? are these atheists running christmas for the kids? what is your crew doing carolla? >> my atheist crew? >> bill: yeah. >> you know we are out collecting goats' blood as we speak to draw giant pentagram in the middle of downtown. i'm an atheist because i don't want to be bothered not because i hat
use promo code: holidays. order now and get a special holiday gift: a document shredder to keep sensitive documents out of the wrong hands... a $29 value, free! call the number on your screen or go online and let lifelock protect your identity for 60 days risk-free. because during the holidays, keeping your identity protected means keeping your family protected. >> bill: rolling with can a roll will la segment tonight, even though is he a atheist he has some affection to the legal...
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Nov 20, 2012
11/12
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COM
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because their guts were using 20% of their energy. they never had spare energy to develop their brain. and when we started eating meat it freed up energy. we could start to run a bigger brain. and that's why vegetarianism seems so stupid to me. >> thank you so much for joining me. the book is long survivors chris stringer. we'll be right back. xçññ@ ( cheers and applause ) >> stephen: oh, hi there. i was just waiting for the camera to come back on and give my life meaning. last month, we hi there. last month we celebrated the seventh anniversary of the "the colbert report." i didn't mention it at the time because america was thoughtlessly holding its presidential campaign during my special day. you know i've been thinking about the last seven years, and 1,118 shows. what were our triumphs, sand wht were our failures. traditionally the 7 answer verse re-gift was wool. so i was going to get you sheep. i present "the colbert report" 7 seventh anniversary portrait. it like a picture of the doorin gray only in this case while th
because their guts were using 20% of their energy. they never had spare energy to develop their brain. and when we started eating meat it freed up energy. we could start to run a bigger brain. and that's why vegetarianism seems so stupid to me. >> thank you so much for joining me. the book is long survivors chris stringer. we'll be right back. xçññ@ ( cheers and applause ) >> stephen: oh, hi there. i was just waiting for the camera to come back on and give my life...
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Nov 20, 2012
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MSNBCW
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as always, shoot us an e-mail at waytooearly@msnbc.com or tweet us and let us know why you're awake. we'll read the best responses later in the show. >>> still ahead on "way too early" president obama's chicago bears get roughed up by the 49ers in front of a national audience. in fact, they were embarrassed on monday night football. we'll have highlights coming up next in sports, including a remarkable, remarkable debut by quarterback that nobody's heard of. >>> plus, if you're dreading spending time with the family on thanksgiving -- >> who would be doing that? >> i don't know. david letterman may have a solution for you. that clip and a check on the weather -- >> your mother is coming. >> yeah, she's coming. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. a regular guy with an irregular heartbe
as always, shoot us an e-mail at waytooearly@msnbc.com or tweet us and let us know why you're awake. we'll read the best responses later in the show. >>> still ahead on "way too early" president obama's chicago bears get roughed up by the 49ers in front of a national audience. in fact, they were embarrassed on monday night football. we'll have highlights coming up next in sports, including a remarkable, remarkable debut by quarterback that nobody's heard of. >>>...
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Nov 20, 2012
11/12
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KPIX
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i use quilted northern. quilted northern soft and strong is stronger than the leading value brand, for a confident clean. online outfit piccolo headphones buy now broadway show megapixels place to sleep little roadster war and peace deep sea diving ninja app hipster glasses 5% cash back sign up to get 5% everywhere online through december. only from discover. the toy chest aisle at petsmart... toys for all kinds of dogs... big... or small. find exclusive toys from bret michaels, toys r us® pets, martha stewart pets™ and a wide selection of holiday toys. only at petsmart®. happiness in store.™ [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. >>> the sun put on quite >>> the sun put on quite a show, unleashing two solar massive flares. the superhot plasma shot into space on friday, part of two back-to-back storms. it's called a solar prominence and was so big nasa's cameras c
i use quilted northern. quilted northern soft and strong is stronger than the leading value brand, for a confident clean. online outfit piccolo headphones buy now broadway show megapixels place to sleep little roadster war and peace deep sea diving ninja app hipster glasses 5% cash back sign up to get 5% everywhere online through december. only from discover. the toy chest aisle at petsmart... toys for all kinds of dogs... big... or small. find exclusive toys from bret michaels, toys r us®...
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Nov 20, 2012
11/12
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CNBC
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that does it for us. make sure to join us tomorrow. >>> good morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber live from the new york stock exchange. let's get straight to our top story. a bombshell involving hewlett packard sending stocks down sharply. david broke the story. he has details. >> hewlett packard out with quarterly earnings this morning but the real story is part of that earnings release allegation the company was the victim of a massive fraud when i purchased a u.k. company, $11.1 billion deal that closed in october of last year. hp has taken 8.8 billion write-down on autonomy and 5 billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by hewlett packard. in other words, it's fraud. after autonomy's founder and ceo michael lynch was fired by meg whitman, sources close to the company tell me a senior executive from autonomy came forward with evidence of widespread accounting misrepresentations that occurred before i
that does it for us. make sure to join us tomorrow. >>> good morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber live from the new york stock exchange. let's get straight to our top story. a bombshell involving hewlett packard sending stocks down sharply. david broke the story. he has details. >> hewlett packard out with quarterly earnings this morning but the real story is part of that earnings release...
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Nov 20, 2012
11/12
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FOXNEWSW
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that's it for us tonight. please check out the fox news factor website which is different from bill o'reilly.com. my talking points memo runs seven and a half minutes tonight. i had to do it. i think if you watch it, you'll understand why i had to do it. i want to hear from you about it, obviously. if you missed it, definitely worth seeing. also, we would like you to spout off about the factor from anywhere in the world. o'reilly@foxnews.com. name and town if you wish to opine. word of the day, do not be truck truckulent when writing to the factor. great word. do not be truculent when writing to us. please remember that the spin stops here because we are definitely looking out for
that's it for us tonight. please check out the fox news factor website which is different from bill o'reilly.com. my talking points memo runs seven and a half minutes tonight. i had to do it. i think if you watch it, you'll understand why i had to do it. i want to hear from you about it, obviously. if you missed it, definitely worth seeing. also, we would like you to spout off about the factor from anywhere in the world. o'reilly@foxnews.com. name and town if you wish to opine. word of the day,...
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Nov 20, 2012
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FOXNEWSW
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >> the tip of the day, a good thanksgiving outing in a moment, but first the mail. stephanie, wood bridge, virginia. bill, get your head out of the sand. i'm one of the 47% romney said do not pay income tax but i didn't vote for obama to get free stuff. i voted for him on gay marriage and abortion. linda, overruled park, illinois. bill, you're right. the blame obama was handing out was too much for the republicans to overcome. greg from sand springs, oklahoma. mitt romney did not sell himself as someone who can relate to the lower class. many folks bought the smear campaign that romney only cares about the rich. brian from canada. president obama promised goodies, romney promised jobs. the becon on the hill no longer shines. the reason asian americans went for obama is the republican party is perceived to be the white party. karen from texas. bill, i started recently watching the o'reilly factor. to be honest,
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >> the tip of the day, a good thanksgiving outing in a moment, but first the mail. stephanie, wood bridge, virginia. bill, get your head out of the sand. i'm one of the 47% romney said do not pay income tax but i didn't vote for obama to get free stuff. i voted for him on gay marriage and abortion. linda, overruled park, illinois. bill, you're right. the blame obama was handing out was too much for the...
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Nov 20, 2012
11/12
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CSPAN2
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thank you for joining us today. this is all this is going to work we are going to have the panel each talk for about 20 minutes and i may ask questions as we go along but we are going to leave plenty of time for questions from the audience as you are listening to the panelists please keep in mind we will have microphones the will go round leader so you can have a nice and spirited discussion. with about i'm going to start with alfonso and open up with you. thanks. >> thank you for the opportunity to be with you this morning. certainly i think there has been since the election some change in the political landscape when it comes to latinos and immigration and i am encouraged by that and i'm optimistic. i think next year we may actually get something done that is constructive on the issue. and talking about immigration it is kind of hard not to talk about the politics of it because frankly i believe that if we haven't been able to achieve immigration reform it's because of the politics, not because of the american peo
thank you for joining us today. this is all this is going to work we are going to have the panel each talk for about 20 minutes and i may ask questions as we go along but we are going to leave plenty of time for questions from the audience as you are listening to the panelists please keep in mind we will have microphones the will go round leader so you can have a nice and spirited discussion. with about i'm going to start with alfonso and open up with you. thanks. >> thank you for the...
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Nov 20, 2012
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FBC
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consumers are using their credit cards more and more. spending excesses are becoming more prominent. the national credit card delinquency rate edged higher in the third quarter, while the average credit card debt for bauer jumped 5% from a year ago to almost $5000. that is a lot. main street and wall street, we are living on two different planets. the difference may have something to do with the corporate bean counters that have their eyes fixed on washington as the country comes closer to the fiscal cliff. tax rates spike, extra taxes on dividends from the list goes on and on. the economy is headed into a recession if it's not already there. consumers don't have a crystal ball that is quite revealing. $3500 in taxes per household next year, but as washington knows, there are lots of ways to sk a cat. someone capitol hill are talking about reducing or elimining deductions to raise revenue. to be sure, some americans will find that painful. here is to engage with the mouse. take a look at this. california from the average tax deduction fo
consumers are using their credit cards more and more. spending excesses are becoming more prominent. the national credit card delinquency rate edged higher in the third quarter, while the average credit card debt for bauer jumped 5% from a year ago to almost $5000. that is a lot. main street and wall street, we are living on two different planets. the difference may have something to do with the corporate bean counters that have their eyes fixed on washington as the country comes closer to the...
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Nov 20, 2012
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build us a program to use facebook to get them to organize their friends. he said that is going to be hard and expensive. i complained about how expensive it was and then we built it. >> what did you learn from him a political person would never have seen? >> what did i learn? i think what he learned. if he was sitting on the stage, he would say that in the end, they did a lot of things to make door knocking easier. that is what this is about. he said this to me, all of these people in his room and in every door around the country were doing it because of barack obama. we got people to take pay cuts and giveaway golden parachutes because they wanted to work for barack obama. >> is that true, this was the most expensive in history? >> totally. we had to weigh more than last time. we registered with more voters. we had more volunteers. 2008 was a magical campaign. 2012, we finally got good at it. we spent five years learning how to do it. the best story, in august, i went to a convention in ohio. this amazing team leader said to me, the simplest thing about t
build us a program to use facebook to get them to organize their friends. he said that is going to be hard and expensive. i complained about how expensive it was and then we built it. >> what did you learn from him a political person would never have seen? >> what did i learn? i think what he learned. if he was sitting on the stage, he would say that in the end, they did a lot of things to make door knocking easier. that is what this is about. he said this to me, all of these people...
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look at that rain get closer and closer to us. find out when the next round of rain will arrive in the bay area coming up. >>> then it's the battle of the backups. dennis o'donnell will take us back out to candlestick park as we county down to the 49ers monday night football game. ,,,, ever this year -- bargain hunters are lining up earli, too. black friday is still r >>> not only are retailers starting black friday sales earlier than ever this year, shoppers, bargain hunters lining up early too. black friday is still four days away but at this best buy in pinole some shoppers have already been camping out for three days. they say the deals are wore can it. >> you look for the tv that i want to get the 40" and they are usually $600 to $800. i'm getting it for $179. that's a good deal. >> you can find a black friday survival guide on our website, cbssf.com. >>> one oakland nonprofit is celebrating tonight after receiving a prestigious honor from first lady michelle obama. representatives for youth radio joined 11 other organization
look at that rain get closer and closer to us. find out when the next round of rain will arrive in the bay area coming up. >>> then it's the battle of the backups. dennis o'donnell will take us back out to candlestick park as we county down to the 49ers monday night football game. ,,,, ever this year -- bargain hunters are lining up earli, too. black friday is still r >>> not only are retailers starting black friday sales earlier than ever this year, shoppers, bargain hunters...
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Nov 20, 2012
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a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads cut off at has been the way of the french. stick with cramer are. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. you'll find the technology to help you become a better one is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. s
a lot of the traditional thinking has got us there. if it does sink us into the oblivion is there. it has not been lost just diluted. they got their heads cut off at has been the way of the french. stick with cramer are. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. that bringing you better technology...
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would you tell us that story? give us an outline of the spillover and spread? >> there's an interesting segue there, into talking about bats it one of the world's experts on that viruses, over the, -- charlie, just raise your hand. so, charlie is a virologist who for many years was engaged in a lot of diagnostics primarily antibody diagnostics at the centers for disease control in fort collins, colorado. and he wrote a paper a few years ago which talked about bats and the fact that the bats are reservoirs for a large number of different pathogens. we have people and injure a and sars, and many others species let me just parenthetically ask, would you describe what a reservoir or a reservoir host is? what host that place kick was classically when we think of a reservoir it's an animal that is capable of being infected, carrying the infection for long period of time. and literally serving as a reservoir for infection of the species to quickly what happens is there's an end host like humans where it doesn't, the virus doesn't replicate particularly well. so it doe
would you tell us that story? give us an outline of the spillover and spread? >> there's an interesting segue there, into talking about bats it one of the world's experts on that viruses, over the, -- charlie, just raise your hand. so, charlie is a virologist who for many years was engaged in a lot of diagnostics primarily antibody diagnostics at the centers for disease control in fort collins, colorado. and he wrote a paper a few years ago which talked about bats and the fact that the...
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Nov 20, 2012
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why aren't we using it? first, cut back on oil imports, you need to get the major trucking companies to switch to natural gas from diesel. there is tremendous reluctance to do so. first, they hoped the government would support the pickens plan. a subsidy would have been paid back. the natural gas industry bet the farm on this thing. they held back while the betting occurred. it didn't. legislation still -- it's dead. the industry sought to make the engine cheaper and caught a break with the huge decline in natural gas prices. while they work well, i'm calling them disappointing. part of that comes from a lack of nat gas engines. that's because west port innovations was supposed to make them in volume last year but the product is very late. now it's supposed to be 2013. in the meantime, while clean energy fuel, clne, is attempting to build out a network of stations, they only cover a tiny fractions of our roads. there are just 600 public compressed natural gas stations in the country. guess how many gas stati
why aren't we using it? first, cut back on oil imports, you need to get the major trucking companies to switch to natural gas from diesel. there is tremendous reluctance to do so. first, they hoped the government would support the pickens plan. a subsidy would have been paid back. the natural gas industry bet the farm on this thing. they held back while the betting occurred. it didn't. legislation still -- it's dead. the industry sought to make the engine cheaper and caught a break with the...
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join us in the next half hour we'll give you an update. amy hollyfield, abc7 news. >>> we'll be coming back to that picture. today is expected to be one of busiest travel days of the year. west coast storm hitting the pacific northwest could delay bay area travelers. katie marzullo joins us live. >> reporter: people who are flying today are probably the lucky ones the smart ones, bucking most of the trends when it comes to busy flying. last friday was busy especially for families whose kids are out of school all week, tomorrow history rally the busiest day, sunday for people returning -- all told 1.2 million will pass through sfo for thanksgiving. the trouble could be on is way. this is video out of oregon bad storm to our north in oregon and washington that rain is expected to get here tonight or tomorrow, already heavy drizzle here at sfo now. according to aaa fewer people will this thanksgiving than last, sfo expects a 3% increase in the number of passengers. sfo ranked by orbitz as the third busiest airport for thanksgiving holiday thi
join us in the next half hour we'll give you an update. amy hollyfield, abc7 news. >>> we'll be coming back to that picture. today is expected to be one of busiest travel days of the year. west coast storm hitting the pacific northwest could delay bay area travelers. katie marzullo joins us live. >> reporter: people who are flying today are probably the lucky ones the smart ones, bucking most of the trends when it comes to busy flying. last friday was busy especially for families...
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Nov 20, 2012
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our cairo correspondent joins us on . we have conflicting reports. hamas as a truce has been negotiated. israel says not yet. what's going on? >> it is very unclear. this afternoon, they said the ceasefire was going to be tonight and then hamas in cairo says there is supposed to be a press conference right now as we speak. and, soon after, they say that there might be a ceasefire agreement, but they are not sure. we know that, as we speak, they're surrounded by artillery so there's no sound on the ground. >> it is not necessarily close. of their close to reaching a deal, what will be the terms? >> there are four 0.7. the first is that israel promises they will stop the killing of hamas officials. the second is hamas, their point, they will not fire rockets and more into israel. then as some kind of the easing of gaza. it has not really been decided on that point. and egypt wants to be a part of the agreement. >> . for the update. >> turkey says there close to formally asking nato for patriot misfiles to strengthen the anti- aircraft offensive alder b
our cairo correspondent joins us on . we have conflicting reports. hamas as a truce has been negotiated. israel says not yet. what's going on? >> it is very unclear. this afternoon, they said the ceasefire was going to be tonight and then hamas in cairo says there is supposed to be a press conference right now as we speak. and, soon after, they say that there might be a ceasefire agreement, but they are not sure. we know that, as we speak, they're surrounded by artillery so there's no...
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us. we hear the laleral f-16 that is bombing the gasa strip. day 7. 110 palestinian killed and israelis are saying off of the record they are running out of target to hit. they have leveled hamas infrastruct and you are weapons depo and trying to limit hamas and islamic jihad ability to make war going forward and kill as many senior members of hamas and islamic judge ihad as they can. they bombed the hamas national barching. militants have figured out a way to defeat the missile. by firing multiple rockets at once. eight-10 rockets and headed for one specific target and today that was target of beer sheba and some got through and landed in the town and destroyed a house and bus. thankfully that city had evacuated itself or not on the streets right now . scooms are closed and businesses are closed as they are trying to keep people off of the streets. still here on the border all around where we are saying are armed camps of israeli soldiers. they have tank platoons and seen in practicing m
us. we hear the laleral f-16 that is bombing the gasa strip. day 7. 110 palestinian killed and israelis are saying off of the record they are running out of target to hit. they have leveled hamas infrastruct and you are weapons depo and trying to limit hamas and islamic jihad ability to make war going forward and kill as many senior members of hamas and islamic judge ihad as they can. they bombed the hamas national barching. militants have figured out a way to defeat the missile. by firing...
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Nov 20, 2012
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and the vix is telling us don't worry at all. so we have got three different things to worry about here. also we've got that 200 moving day average in the s&p, in the index, the spx and we're bumping right up against that. that could give us another clue where we'll be going the next three four weeks. finally we have the politicians given the opportunity to disappoint, they generally do. look at europe. i think that's something we need to wrap around a big red bow on and give ourselves for christmas. liz: i'd rather have a fancy car. what's your next target, scott, the next ceiling or floor? >> i think we could see another 2 to 3 percent off the market going into year end hopefully we get a deal from the administration and i think we unleash some capital in the market. liz: quick question about natural gas, what changed from yesterday, elliot? >> you know, we have talked about this too. natural gas is a very strange market. i mean, i have to understand -- you have to understand, producers and the people that own a lot of natural
and the vix is telling us don't worry at all. so we have got three different things to worry about here. also we've got that 200 moving day average in the s&p, in the index, the spx and we're bumping right up against that. that could give us another clue where we'll be going the next three four weeks. finally we have the politicians given the opportunity to disappoint, they generally do. look at europe. i think that's something we need to wrap around a big red bow on and give ourselves for...
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to use. we can harvest information. >> with the reporting, you are getting a ton of information. these curators can provide information, but how reliable is the information? is it based on reporting? >> two key facts have to be made. there is a brilliant material out there that is being well- reported. >> how do you know that? >> i have been told. on the other hand, the implication of your question is correct. we do not know. when something comes across on the internet we have no way of knowing what the intention, what the goal is, what the bias is of the people who are putting it out there. i will tell you something i learned from one of these talks. it was on the subject of google. the speaker was making the point that he was a progressive, and he said a friend of his who was very conservative, they took their laptops, and they simply type into the search engine the word egypt, and they got a totally different responses. why? because there is a process going on. every time we search for som
to use. we can harvest information. >> with the reporting, you are getting a ton of information. these curators can provide information, but how reliable is the information? is it based on reporting? >> two key facts have to be made. there is a brilliant material out there that is being well- reported. >> how do you know that? >> i have been told. on the other hand, the implication of your question is correct. we do not know. when something comes across on the internet...
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advanced technology that would increase efficiency and allow us not to use manual labor also this provides for better quality goods as a result we were able to conquer western markets the demand for corrina birchwood is high since our production line is quite efficient where over to work for higher wages to our employees the trunks end up here whether turned into planks which branch off for all manner of uses wood exports and large but not all of it goes through. here in the museum island of traditional methods they used to build and maintain churches and dwellings dating back hundreds of years this here in this whole what colin is used to want which is bumpy is highest complexity these planks are about to become part of something which exemplifies the combination of tradition and technology. but here at the valley and viking boat makers what is fashioned into their souls new and old they range from small private boats to replicas used in the historical t.v. series hornblower. my boots are all special they're like children to me we have to design and build them from scratch it's always sad
advanced technology that would increase efficiency and allow us not to use manual labor also this provides for better quality goods as a result we were able to conquer western markets the demand for corrina birchwood is high since our production line is quite efficient where over to work for higher wages to our employees the trunks end up here whether turned into planks which branch off for all manner of uses wood exports and large but not all of it goes through. here in the museum island of...
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Nov 20, 2012
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so, this is a very important instrument from us and we will be using that at some point, at the appropriate time to begin to tight monetary policy. now, you're talking about the other direction, why don't we just cut it to zero, pay no interest on excess reserves and there thereby, get a little more accommodation? it is something we have considered repeatedly, i don't rule it out as an action in the future. the cost benefit analysis we have done in looking at it, starting where we are at 25 basis points is the following. if we cut -- if we were to cut that it interest rate from 25 basis points to zero, our estimate is that it would affect very short-term interest rates, like overnight rates by something on the order of eight or nine basis points, extremely small amount. and that, in turn, would have even a smaller effect on the interest rate wes care about like the rates on auto loans or houses, et cetera. so the stimulative effect of that action, while going in the right direction, we assess as being very, very small. on the other side you can the concern we have, or at least some have had
so, this is a very important instrument from us and we will be using that at some point, at the appropriate time to begin to tight monetary policy. now, you're talking about the other direction, why don't we just cut it to zero, pay no interest on excess reserves and there thereby, get a little more accommodation? it is something we have considered repeatedly, i don't rule it out as an action in the future. the cost benefit analysis we have done in looking at it, starting where we are at 25...
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would you tell us that story? give us an outline of the spill over and spread? >> there is an interesting set way there. talking about bats. one of the world experts on that the viruses, over there -- bat viruses, overthere, charlie, reach your hand. the heat was -- he was engaged in a lot of diagnostics. and he wrote a paper a few years ago that talked about bats and the fact that they are reservoirs' for a large number of pathogens. we have ebola and sars and many others. >> ian, would you describe what day reservoir host is and brought a role that place -- a reservoir host and what role that plays? >> it is literally serving as a reservoir for the infection of other species. frequently there is an end host a virus does not replicate well. but there is a reservoir that allows infection of humans repeatedly. the example might be the west nile virus. people did that have high levels of the growing in their blood, but birds may do so. a mosquito may move back and forth between birds and in fact another person and so forth. once it moves into a pig, or directly, w
would you tell us that story? give us an outline of the spill over and spread? >> there is an interesting set way there. talking about bats. one of the world experts on that the viruses, over there -- bat viruses, overthere, charlie, reach your hand. the heat was -- he was engaged in a lot of diagnostics. and he wrote a paper a few years ago that talked about bats and the fact that they are reservoirs' for a large number of pathogens. we have ebola and sars and many others. >> ian,...
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to use its money more carefully chum from taxpayers and trust it to them. stephen meisner from germany is part of reason doesn't see any reason to spend that much money on a piece of real estate but he says he sees a reasonable explanation of why the sky's the limit for the european union's economic monopoly they never run out of money it's just come to me and the other taxpayers they go you have to pay more you have to pay more of it more or maybe because it's easy to be the european central bank just print the money and while some may see an upside down logic here german m.p. mr scheffler explains it's more than just a piece of architecture. e.c.b. wants a palace a building to demonstrate his power through a million more million less makes no difference game is to make a statement about its power and credibility but that's a notion that's taken a serious not in recent times the seventeen nation euro zone's unemployment is at a record high brussels and seized on a stereo to measures which the government's cut spending and raise taxes increase in peoples an
to use its money more carefully chum from taxpayers and trust it to them. stephen meisner from germany is part of reason doesn't see any reason to spend that much money on a piece of real estate but he says he sees a reasonable explanation of why the sky's the limit for the european union's economic monopoly they never run out of money it's just come to me and the other taxpayers they go you have to pay more you have to pay more of it more or maybe because it's easy to be the european central...
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most sites use that https. users can opt out. >>> pictures over the east bay where a water main broke early this morning and it's causing all kinds of problems. that looks like they are working on it now. again, live pictures. a 5-foot sinkhole. apparently the neighborhood is without water this morning. cate caugiran is en route. she is probably on highway 4 trying to get there and will have a live report and update coming up in short order but if you are in pittsburg and you don't have water, there's why. >> in the meantime, let's check on the weather with lawrence. >> if you don't have water, don't worry. we have showers coming your way. [ laughter ] >> that will take care of it. folks around the bay area lots of clouds early on. most of the rain so far concentrated north of the golden gate bridge although we have seen a couple of scattered sprinkles move south. we have rain making its way onshore toward mill valley and san rafael. we are expecting showers to pick up as we head in toward the afternoon in the
most sites use that https. users can opt out. >>> pictures over the east bay where a water main broke early this morning and it's causing all kinds of problems. that looks like they are working on it now. again, live pictures. a 5-foot sinkhole. apparently the neighborhood is without water this morning. cate caugiran is en route. she is probably on highway 4 trying to get there and will have a live report and update coming up in short order but if you are in pittsburg and you don't...
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from all of us here at nhk world, thanks for joining us.
from all of us here at nhk world, thanks for joining us.
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thanks for being with us. cheryl: last week ben bernanke said housing was, quote, not out of the woods but look at this. housing starts rising last month to their highest rate in four years after builder confidence, sales of existing homes did take higher for the month, looking at mortgage banking solutions. ben bernanke blamed lenders and is blaming underwriters. is everybody being too strict? that the problem here? >> we have gotten constricting back to reasonable underwriting standards but to say we are too strict you have to look at where we were before the underwriting standard. we could lose up. we don't need another government program. we need to get back to fundamentals of jobs and sustainable economic data and housing numbers are encouraging. but there's more to be considered. the fiscal cliff is one of the. cheryl: if you look at the actual numbers we got into a housing starts were up 3.6% month over month. not to be ashamed, 42% over the last year. if the data is there, you get this overall sense of
thanks for being with us. cheryl: last week ben bernanke said housing was, quote, not out of the woods but look at this. housing starts rising last month to their highest rate in four years after builder confidence, sales of existing homes did take higher for the month, looking at mortgage banking solutions. ben bernanke blamed lenders and is blaming underwriters. is everybody being too strict? that the problem here? >> we have gotten constricting back to reasonable underwriting standards...
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Nov 20, 2012
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wording from one i use. they talked about the coalition being a legitimate representative of the syrian people, they haven't yet gone as far as we have or france or turkey or the gulf states. this is for them to decide over the coming days or weeks, but i do believe that there will be other countries that add to the recognition that we have made today, and, of course, i hope that in due course of unisys will be one of them. >> i'm very grateful to you, mr. speaker, and was grateful -- the secretary of state not be aware in the operation for years further significant damage to u.s. facilities and operations of other monetary agencies in gaza. i wonder if you could say what specific conversations he had the second estate have had in the last week regarding the continued function of their operations at? >> yes, maybe the first two crossed the floor of the house to graduate honorable gentleman and arriving in the house of commons. and i think of some of who won a by election for the governing party many years ag
wording from one i use. they talked about the coalition being a legitimate representative of the syrian people, they haven't yet gone as far as we have or france or turkey or the gulf states. this is for them to decide over the coming days or weeks, but i do believe that there will be other countries that add to the recognition that we have made today, and, of course, i hope that in due course of unisys will be one of them. >> i'm very grateful to you, mr. speaker, and was grateful -- the...
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. >> he was doing what any of us do. which is stopping a convenience station for a soft-drink, cup of coffee >> at a city hall news conference monday police and the mayor, chuck reed announced a $20,000 their reward for information leading to the capture of the man in this sketch described as a hispanic male, 20-25 years old, 180 lbs., wearing a white hooded sweatshirt, the second a suspect, 26 are old jonathan dawson willbans. was a rested friday following a string of armed robberies at gas stations and convenience stores. ending in a gunbattle with police during which one officer was shot but escaped serious injury, a barely saved by a metal based bottler >> the friends of the victim of flowers and condolences on the sidewalks of the 711. >> san jose, rob fladeboe come >> the oakland police officers to the union is criticizing the department's leadership that, as a judge gets ready to decide weather to hand over control of the force to federal this is from may 2003 misconduct settlement. when a rookie officer accused f
. >> he was doing what any of us do. which is stopping a convenience station for a soft-drink, cup of coffee >> at a city hall news conference monday police and the mayor, chuck reed announced a $20,000 their reward for information leading to the capture of the man in this sketch described as a hispanic male, 20-25 years old, 180 lbs., wearing a white hooded sweatshirt, the second a suspect, 26 are old jonathan dawson willbans. was a rested friday following a string of armed...
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we used to shop on cyber monday. we would go to work monday after thanksgiving and use the boss' computer. we all have connected phones and computers now and tablets. we have no lack of ways to get connected so i think cyber monday is just hype. you will find great loss leaders no doubt about it but you will also see that we are really in black q4 to be honest not just black friday or cyber monday. the best way to save, don't buy things you don't want just because the surprise great. this goes with shopping online. >> i'm so guilty of that. >> such a great price i know i'll use it later. maybe not. this is not the last big deal opportunity of the season. bear that in mind. we have a couple of quick samples i want to show from you cnet's favorite online black friday tech products coming up. we have a toshiba tv 40" hd flat panel good name brand 180 bucks. >> that's a good deal. >> crazy deal. that's like giving it away. that's going to be at best buy. a door buster. they will have a few. the motorola droid max one of
we used to shop on cyber monday. we would go to work monday after thanksgiving and use the boss' computer. we all have connected phones and computers now and tablets. we have no lack of ways to get connected so i think cyber monday is just hype. you will find great loss leaders no doubt about it but you will also see that we are really in black q4 to be honest not just black friday or cyber monday. the best way to save, don't buy things you don't want just because the surprise great. this goes...
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Nov 20, 2012
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joining us is reporter at nbc news. chapman, thanks for joining us. there's a temporary hold on any ground operations, but how easy is to get from that to a wider cease fire? >> to add to the growing call, hillary clinton is on her way to the region now to add her weight behind the cease fire. now, she along with secretary general ban ki-moon of the u.n., they will push for the cease fire. she first meets in israel with netanyahu to try to see what she can do to get the cease fire in order. because this is day seven now of this conflict where it continues. overnight the israeli defense force targeted 100 different attacks within gaza by air and sea, targets they said were necessary to stop the flow of missiles and rockets out of gaza, underground bunkers, store am depots and even financial institutions for hamas. this morning militants within gaza responded with volleys of rocket there is to israel -- into southern israel in response to the overnight attacks. so there's a growing call for this cease fire particularly over 100 people killed within gaza
joining us is reporter at nbc news. chapman, thanks for joining us. there's a temporary hold on any ground operations, but how easy is to get from that to a wider cease fire? >> to add to the growing call, hillary clinton is on her way to the region now to add her weight behind the cease fire. now, she along with secretary general ban ki-moon of the u.n., they will push for the cease fire. she first meets in israel with netanyahu to try to see what she can do to get the cease fire in...
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Nov 20, 2012
11/12
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FBC
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this is a very important instrument for us, and we'll be using that at some point, at the appropriate time, to begin to tighten monetary policy. now, you're talking about the other direction, why not just cut it to zero, pay no interest on excess reserves, and thereby, get more accommodation? well, it's something we've considered repeatedly, and we continue to consider, and i don't rule it out as an action in the futtre, what we do is the following. if we were to cut the interest rate from 25 basis points to 0 #, our estimate is it affects short term interest rates, like overnight rates, on the order of eight or nine basis points, extremely small amount, in turn, having a smaller effect on loans like housing loans or auto loans ect.. the stimulated agent -- act of that action is small, but on the other hand, the concerns we've had or some have had is that if there is no return on institutions, money market funds, repo markets and so on could be liquid because there's little incentive to act in the markets when interests pay zero, why not just hold cash or fallow reserves? so the conce
this is a very important instrument for us, and we'll be using that at some point, at the appropriate time, to begin to tighten monetary policy. now, you're talking about the other direction, why not just cut it to zero, pay no interest on excess reserves, and thereby, get more accommodation? well, it's something we've considered repeatedly, and we continue to consider, and i don't rule it out as an action in the futtre, what we do is the following. if we were to cut the interest rate from 25...
190
190
Nov 20, 2012
11/12
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KTVU
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use. the committee says the money should go towards maintenance and improvement. a final decision on how the money should be spent will be made next month. >>> b.a.r.t. is planning to help holiday shoppers and travelers tomorrow and on sunday. the trains will be longer than normal to help the travelers heading out of town and come back home. trains will be running on a sunday schedule. on friday, b.a.r.t. will one full length trains beginning at 6:00 a.m. for all of the shoppers who want to get out there and do what they want to do. >> yeah and i just read a story that there is a shortage of rental cars -- >> i was just reading that. >> because of sandy. >> yes. >> you may be out of luck. >>> speaking of cars, let's check in with sal. >> we were doing the story on b.a.r.t. and i called dispatch and they have 61 trains running on the system without any delays. that's certainly good news. caltrain has significant delays because of an earlier incident near the palo alto station. trains are de
use. the committee says the money should go towards maintenance and improvement. a final decision on how the money should be spent will be made next month. >>> b.a.r.t. is planning to help holiday shoppers and travelers tomorrow and on sunday. the trains will be longer than normal to help the travelers heading out of town and come back home. trains will be running on a sunday schedule. on friday, b.a.r.t. will one full length trains beginning at 6:00 a.m. for all of the shoppers who...